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Search Result for “hotel association in the East”

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BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

BUSINESS

Navy readies sea evacuation plan for Thais  

Poramet Tangsathaporn, Published on 05/03/2026

» The Royal Thai Navy has prepared a “Plan B” to evacuate Thai nationals from the Middle East by sea should airspace closures halt flights amid escalating regional tensions.

BUSINESS

25% tourism decline ‘worst-case scenario’

Narumon Kasemsuk, Published on 05/03/2026

» War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.

BUSINESS

Asian countries scramble to secure fuel supplies

Bloomberg News, Published on 05/03/2026

» The impact of the war in the Middle East rippled further through global energy markets on Thursday, with Asian countries taking more measures to shore up supplies.

BUSINESS

Thai inflation negative for 11th straight month

Published on 05/03/2026

» Thailand’s nearly year-long stretch of falling consumer prices may now provide a buffer against potential energy-driven inflation spike, analysts say.

BUSINESS

Mideast war weighs on transport costs

Business, Suchit Leesa-nguansuk, Published on 05/03/2026

» Rising geopolitical tensions in the Middle East are beginning to disrupt maritime transport, affecting shipping routes and port operations, which could have spillover effects on global supply chains, according to end-to-end global logistics services provider.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

BUSINESS

Mideast conflict a blow to long-haul tourism

Business, Molpasorn Shoowong, Published on 05/03/2026

» As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators in Thailand project arrivals from long-haul markets in 2026 will fall short of the 10.8 million seen last year.

BUSINESS

Thai stocks face downside risks as war tensions rise

Business, Nuntawun Polkuamdee andn Nareerat Wiriyapong, Published on 05/03/2026

» Thai equities still have downside risk amid heightened volatility as escalating tensions in the Middle East threaten global energy supply routes, with strategists warning only a handful of sectors are likely to withstand a prolonged crisis.